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May 17, 2013
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well it was a string of republican and democratic decisions to not hit the full number on security deficits. this is outrageous and senator menendez says we know about benghazi? somebody will puke out there outrageous conduct. [laughter] >> no vomit here in washington d.c. tonight studio number four. lou: maybe you are tougher. >> we have been marinating longer but to your point* the president today was so careful with the artfully crafted all of his theaters were artfully crafted and careful not to blame funding for the attackkin benghazi but mentioning funding a rounded to create the inference. boxer was less careful and when you ask about the ira's he said ig report? he did not answer the question so he was very legalistic. lou: this is movin from a crisisf onfidence, it seems to me, directly to a constitutional crisis. this president has lost his credibility. it has been shredded. where are w headed? >> but his ability is to g things done and there is no appetite in washington to get anything done with scandal swirling around the president so beleaguered not he is labor it they and lame
well it was a string of republican and democratic decisions to not hit the full number on security deficits. this is outrageous and senator menendez says we know about benghazi? somebody will puke out there outrageous conduct. [laughter] >> no vomit here in washington d.c. tonight studio number four. lou: maybe you are tougher. >> we have been marinating longer but to your point* the president today was so careful with the artfully crafted all of his theaters were artfully crafted...
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May 17, 2013
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you know, maybe something about our times we could celebrate $682 billion deficit, i'm saying, i think weadock this but we are forgetting about this, that worries me. >> i think we should celebrate a little bit to extent we had a record peacetime deficit 2009, over 25% of gdp through tremendous effort of public engaged on the spending issue like i've never seen before. it will be around 22%. >> do you think our eye will be off the ball now? >> fortunately the big spending fight is not going to be in the summer, but it will be in the fall. the debt seatinget get -- ceiling will get rolled together, we have a big fight over this in september, i think that scandals may inform that debate in a productive way, they show there a lack the control with that out of control big government, even david axelrod said it is too vast for white house to know what is going on. when the government is too vast for the white house to know what is going on i hope they down size it. neil: that worries me when anyone in the white house doesn't know whattis going on, that gets to be a theme of late. so, there
you know, maybe something about our times we could celebrate $682 billion deficit, i'm saying, i think weadock this but we are forgetting about this, that worries me. >> i think we should celebrate a little bit to extent we had a record peacetime deficit 2009, over 25% of gdp through tremendous effort of public engaged on the spending issue like i've never seen before. it will be around 22%. >> do you think our eye will be off the ball now? >> fortunately the big spending...
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May 16, 2013
05/13
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i am serious the deficit dramatically lower. next. mowing your lawn isn't alwaysasy. but maybe the problem isn't your lawn. introducing the all-wheel-drive mower from husqvar. we engineered its unique drive system and dual transmission to handle hills& thick grass& and tough terrain& without losing traction or power the all-wheel-drive mower from husqvarna. challenge e impossible. visit us online to enter the challenge the impossible protion ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we'rnot simply saluting history. we're making i are yostill sleeping? just wanted to check and make sure that we were on schedule. the first technology of its kind... mom and dad, i have great news. is now providing answers families need. siemens. answers. woman: what do you mean, meowners insurance doesn't cover floods? [ hear
i am serious the deficit dramatically lower. next. mowing your lawn isn't alwaysasy. but maybe the problem isn't your lawn. introducing the all-wheel-drive mower from husqvar. we engineered its unique drive system and dual transmission to handle hills& thick grass& and tough terrain& without losing traction or power the all-wheel-drive mower from husqvarna. challenge e impossible. visit us online to enter the challenge the impossible protion ...amelia... neil and buzz: for teaching...
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May 15, 2013
05/13
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budget deficit? i am serious the deficit dramatically lower. next. we're not in london, are ? apparently my debit card is. what? i know. don't worry, we have cancelled your old card. great. thank you. in addition to us monitoring your account or unusual activity, you could alsoet up free account alerts. okay. [ female announcer ] atells fargo we're working rounthe clock to help protect your money and financial informaon. here your temporary card. welcome back. how was london? [ female announcer ] when people talk, great things happen. ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and withhat: you're history. instead of looking behind... delta is looking beyond. 80housand of us investing billions. in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. >> the federal budget is a visit expected to shrink this fiscal year after four years of deficit of $1 trillion of ex
budget deficit? i am serious the deficit dramatically lower. next. we're not in london, are ? apparently my debit card is. what? i know. don't worry, we have cancelled your old card. great. thank you. in addition to us monitoring your account or unusual activity, you could alsoet up free account alerts. okay. [ female announcer ] atells fargo we're working rounthe clock to help protect your money and financial informaon. here your temporary card. welcome back. how was london? [ female announcer...
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May 20, 2013
05/13
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it's the trust deficit. >> will that impact therefore your own personal congress person? i think it may because i think people are getting fed up. this new generation that's coming up that they call the millennium generation is representing to where they don't resent authority, they just don't respect it. they're not of the establishment, they're outside of it and they're beginning to r impact on the institutions where the president may have favorable ratings, but what do people think about the presidency and that's the same way in the congress and ultimately without the trust of a crew, you have a purposeful ship of state, the united states, for example, begin to careen from crisis to crisis because we have leaders that only care about the politics of it and that's the shame down in d.c. today, it's just gotten out of control. >> congressman, what does it do to the trust deficit, as you put it when you have, excuse me, members of congress who have basically decided on theest is facts that they want to see, for example, in the benghazi matter and then they work backward t
it's the trust deficit. >> will that impact therefore your own personal congress person? i think it may because i think people are getting fed up. this new generation that's coming up that they call the millennium generation is representing to where they don't resent authority, they just don't respect it. they're not of the establishment, they're outside of it and they're beginning to r impact on the institutions where the president may have favorable ratings, but what do people think...
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May 17, 2013
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paul ryan was the deficit guy in the deficit argument. the deficit was too big. one of their main arguments against re-electing president obama. we just received the new estimate of what the deficit will be by the end of the year. this is what the deficit had been up through last year, so 2009, that's president obama's first year, 2011, 2012, show the next year. this is what they had projected the deficit would be by the end of this year, but now that estimate has been revised. they have revised the projected deficit for this year and as of now, this is what the new deficit -- we have that slide whistle and we never used it before, are you kidding me? the opportunity costs. as of now this is the estimate of what the new deficit will be by the end of the year. that means the deficit has shrunk by $800 billion since president obama has been in office. this is the fastest deficit reduction we have had as a country since world war ii. honestly, that's kind of terrible. it's kind of terrible to the extent we are working on this stupid deficit issue, spending less inst
paul ryan was the deficit guy in the deficit argument. the deficit was too big. one of their main arguments against re-electing president obama. we just received the new estimate of what the deficit will be by the end of the year. this is what the deficit had been up through last year, so 2009, that's president obama's first year, 2011, 2012, show the next year. this is what they had projected the deficit would be by the end of this year, but now that estimate has been revised. they have...
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May 12, 2013
05/13
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another part of shrinking the deficit is not just tied to cutting government spending. you look at the number of unemployed in the country and that is a real drag onotomy. as the economy grows that is another part of shrinking that monster, if you will. >> chris: governor, let's address your personal scandal. what did you learn interes fro? >> you learn ar a lot. i would say that you probably learn more in the valleys of life than you do in the mountain tops. learned whole new you things that i never comprehended before with regard to god's grace and the reflective grace that comes through other humans that you walk with on a daily basis. i learned a lot about judgment and forgiveness. i could go down a litany of different things but i boil it down this way. our minister gave a great sermon a number of months back and his point was do the events of your life refine or define your life. i think in politics people want to take an event and make it definitional to your life. i think that any of these valles or any of these bumps that we hit in the road of life by circumsta
another part of shrinking the deficit is not just tied to cutting government spending. you look at the number of unemployed in the country and that is a real drag onotomy. as the economy grows that is another part of shrinking that monster, if you will. >> chris: governor, let's address your personal scandal. what did you learn interes fro? >> you learn ar a lot. i would say that you probably learn more in the valleys of life than you do in the mountain tops. learned whole new you...
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May 14, 2013
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immigration reform, budget deficit deal, another attempt at gun control. up in of that has been talk about since last week and all but a handful of questions today were about the app and the irs subjecting tea party groups to scrutiny. the president says if the irs officials acted inappropriately, they should be held ant credible. and on the phone records, he says mr. bober bober believes reporters should have unfettered access even as the government protects its secrets. >> believe it's possible to strike that balance and at the same time subpoena the phone records? >> i can't comment on the specific reports you cite. i can say the president does believe that the balance should be sought and can be found but it is a balance and, therefore, something that we need to constantly work at. >> the obama administration has launched six prosecutions for leaking classified information, which is more than all previous presidents come bind, shepard. >> shepard: on benghazi some observed that jay carney seems to not believe any of the questions about that are still l
immigration reform, budget deficit deal, another attempt at gun control. up in of that has been talk about since last week and all but a handful of questions today were about the app and the irs subjecting tea party groups to scrutiny. the president says if the irs officials acted inappropriately, they should be held ant credible. and on the phone records, he says mr. bober bober believes reporters should have unfettered access even as the government protects its secrets. >> believe it's...
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May 15, 2013
05/13
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instead of always dipping their fingers into the till to leave a deficit and some of programs should be left alone and they would easily survived. never put anything on facebook or anywhere else that is only semi private you would not want your employer to see. is seems that people put nasty things out there about their employers to lose their job and they do not want employers bad mouthing their business i think employers can check facebook and twitter to use it against a bad employee. and finally waste fraud and abuse the department of interior spending half a million of your taxpayer dollars to train fish to recognize and avoid predators. i cannot trade my husband to take up the garbage but the government sees these things differently the objective is to see if it increases the of survival rate of the sucker fish found in the colorado river. it includes upon restoration and intensive predator avoidance training and in remote sensing to account for survival rates. the grant will be activated june 22nd. how do fish avoid creditors before theegovernment came to the rescue? another go
instead of always dipping their fingers into the till to leave a deficit and some of programs should be left alone and they would easily survived. never put anything on facebook or anywhere else that is only semi private you would not want your employer to see. is seems that people put nasty things out there about their employers to lose their job and they do not want employers bad mouthing their business i think employers can check facebook and twitter to use it against a bad employee. and...
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May 14, 2013
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he inherited a city with $300,000 budget deficit. the state's appointed emergency financial manager warned that the deficit could $386 million by jewel 1st. >>> in new jersey the role other coaster at seaside heights is being demolished. it was a symbol of the pamage that superstorm sandy inflicted on the east coast. those are your headlines. i'm patti ann browne. back to you. ashley: patti ann, we thank you so much. get back to the markets. call it a case of the tuesdays. the dow less than two hours from extending the win he can street of 18 straight tuesday as the market is on track to finish in record territory yet again. joining me, above pavlick, from banyon partners with his take what he is watching to drive the market higher. bob, thank you so much for joining us. so you say, look there's lots more room to the upside. i don't say that you say a lot of room but there is room to the upside. what is driving the markets right now? we've gone through earnings. the economic date at thaa is so so. by all economic accounts we're drift
he inherited a city with $300,000 budget deficit. the state's appointed emergency financial manager warned that the deficit could $386 million by jewel 1st. >>> in new jersey the role other coaster at seaside heights is being demolished. it was a symbol of the pamage that superstorm sandy inflicted on the east coast. those are your headlines. i'm patti ann browne. back to you. ashley: patti ann, we thank you so much. get back to the markets. call it a case of the tuesdays. the dow less...
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May 14, 2013
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on reducing our deficit in a balanced way, that will help the economy grow. help it create more jobs. you know, we are focused on these fundamental issues that the american people sent this president to this office twice now, to focus on. and you know, i understand the effort, the understanding, i understand the natural inclination to try to bunch some of these things together. but there really is a distinction here. and i think you heard it from the president that the ongoing obsession and i'm quoting now somebody describing the speaker of the house. the ongoing obsession with talking points and benghazi and the attempts to politicize that constitute a sideshow that's driven purely by or largely by political interests. and not the interests of finding out exactly what happened and who was responsible and taking the steps that we need to take to insure that our diplomats and our facilities are secure. that's what the president has been focused on. that's what you've seen in the report from the arb. the accountability review board. that was overseen by admiral
on reducing our deficit in a balanced way, that will help the economy grow. help it create more jobs. you know, we are focused on these fundamental issues that the american people sent this president to this office twice now, to focus on. and you know, i understand the effort, the understanding, i understand the natural inclination to try to bunch some of these things together. but there really is a distinction here. and i think you heard it from the president that the ongoing obsession and i'm...
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May 14, 2013
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as you've seen over the last weeks and months, to see if we can find common ground on reducing our deficit in a balanced way that will help the economy grow, help it create more jobs. you know, we are focused on these fundamental issues that the american people sent this president to this office twice now to focus on, and, you know, i understand the effort -- i mean, the understanding -- i understand the natural inclination to try to bunch some of these things together, but there really is a distinction here. i think you heard from the president that the ongoing obsession -- and i'm quoting now somebody describing the speaker of the house -- the ongoing obsession with talking points on benghazi and the attempts to politicize that constitute a side show that's driven purely by or largely by political interests and not the interests of finding out exactly what happened and who was responsible and taking the steps that we need to take to ensure that our diplomats and our facilities are secure. that's what the president's been focused on. that's what you've seen in the report from the arb, the
as you've seen over the last weeks and months, to see if we can find common ground on reducing our deficit in a balanced way that will help the economy grow, help it create more jobs. you know, we are focused on these fundamental issues that the american people sent this president to this office twice now to focus on, and, you know, i understand the effort -- i mean, the understanding -- i understand the natural inclination to try to bunch some of these things together, but there really is a...
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May 20, 2013
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but the ceo's report find just about 1 trillion in deficit reduction and deficits rise again after 2017 and obama promised $1.2 trillion in spending cuts the ceo review finds just $172 billion and the president promised to balance budget approach, a balanced approach to the budget. but guess what? the review finds that tax hikes outweighs spending cuts by nearly 6-1. that is not balanced. however, joining us on set tonight, business insider's ceo and editor-in-chief henry blojit and henry kukis. >> i think one point i would make is the only way we are going to close the gap is by raising taxes and reducing long-term spending. >> where do you want to raise the taxes? >> i think you can raise lots of tax, the wellthy can go up, generally. >> northern more than we had, we just got $600 billion. >> if you look at a gdp basis, spending is at 22%. we have been at about 20 for both. we fwt to converge on that number if we want to balance the number. >> what's your take? >> i'm not sure what bothers me more the fact that the president's numbers didn't quite add up or the fact that he has a budg
but the ceo's report find just about 1 trillion in deficit reduction and deficits rise again after 2017 and obama promised $1.2 trillion in spending cuts the ceo review finds just $172 billion and the president promised to balance budget approach, a balanced approach to the budget. but guess what? the review finds that tax hikes outweighs spending cuts by nearly 6-1. that is not balanced. however, joining us on set tonight, business insider's ceo and editor-in-chief henry blojit and henry...
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. >> i think it will be a -- into the future because of the defici deficits, and the gap, how they can take it down. you at some point they'll want it to go up. anybody who's been on a diagonal knows you can get off the jelly doughnuts and survive. >> he's managing directors. he is not one he believes we need that -- >> he's also quite a winner. so i don't know if i'm going to basically put the stamp of approval on his predictions. but clearly he knows what he's talking about. pretty strong performance there. >> as aggressively as all these nay sayers having saying. so even if there were a modest pullback. we've also outlasted any void of buy side that would fill in. i think any time we did have a pullback, you'll see people come in and say maybe here is the first step to come in. >> are you one who worries about the possible tapers about the fed? >> it would come at some point. >> it's undeniable, and in the first four months out of the years. but that selling that's going to come when it steps away will be slow. we've seen them hint at it twice in the past few months. both times they
. >> i think it will be a -- into the future because of the defici deficits, and the gap, how they can take it down. you at some point they'll want it to go up. anybody who's been on a diagonal knows you can get off the jelly doughnuts and survive. >> he's managing directors. he is not one he believes we need that -- >> he's also quite a winner. so i don't know if i'm going to basically put the stamp of approval on his predictions. but clearly he knows what he's talking about....
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May 20, 2013
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being efficient would be a play to conservatives especially those who say the focus is budget and the deficit here and the millions being spent to keep this facility open and afloat. >> there are lots of other important arguments that he's made in the past and can make again about the effectiveness of guantanamo, about the fact that suspects can be tried in federal court, and nothing has changed the basic politics of this. i think chris is right. it's very difficult to see what republicans have yet been won over in recent years and he's had a harder time more recently with his agenda on capitol hill and the logistical hurdles of what with to actually do changes. his personal commitment is important, but he was committed from day one. it was one of his first executive orders. beyond his passion, it's hard to say what's different as with everything on his agenda, he has the potential to make it work this tim. >> one thing that is different now, you have 100 of 166 on a hunger strike and it's been noted if one of those individuals dies and then another, is there greater complexity thrusted on th
being efficient would be a play to conservatives especially those who say the focus is budget and the deficit here and the millions being spent to keep this facility open and afloat. >> there are lots of other important arguments that he's made in the past and can make again about the effectiveness of guantanamo, about the fact that suspects can be tried in federal court, and nothing has changed the basic politics of this. i think chris is right. it's very difficult to see what...
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May 14, 2013
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good news on the deficit, sending the bulls off and running. we have all that for you, next up on "kudlow." all stations come over to mission a for a final go. this is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. at bny mellon, our business is investments. managing them, moving them, making them work. we oversee 20% of the world's financial assets. and that gives us scale and insight no one else has. investment management combined with investment servicing. bringing the power of investments to people's lives. invested in the world. bny mellon. faso you want to save on autoof insurance?. drive a hybrid. get good grades. lose the bling. go paperless. combine policies. make automatic payments. and of course, talk to farmers. hi ♪ we are farmers bum - pa -, bum - bum - bum - bum♪ >>> all right. busy day on
good news on the deficit, sending the bulls off and running. we have all that for you, next up on "kudlow." all stations come over to mission a for a final go. this is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. at bny mellon, our business is...
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May 15, 2013
05/13
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we were hoping to work more on the deficit. do you think this will diverge us from getting things like that done in washington? >> i am not so sure that the market will take that as bad news. the less they do inside the beltway seems to be the better. that is seen as bad news. the more gridlock, the better in many peoples minds. dennis: we have justice with the ap, the irs going after tea party groups, if we have a third-party to come up that is overreaching like that, it gets far worse. >> i will give you one. it is still another one. if i can quickly push back a little on what david said, i agree. i would also say be careful what you wish for. the specter of a three year lame-duck president does not look that great internationally. i do worry about that angle. >> i am not too worried about what is happening internationally. i think they will basically be just slightly by over the next couple years. it is the economy here that i am worried about. with gridlock, look at what we have been able to get done. the president realizes
we were hoping to work more on the deficit. do you think this will diverge us from getting things like that done in washington? >> i am not so sure that the market will take that as bad news. the less they do inside the beltway seems to be the better. that is seen as bad news. the more gridlock, the better in many peoples minds. dennis: we have justice with the ap, the irs going after tea party groups, if we have a third-party to come up that is overreaching like that, it gets far worse....
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May 16, 2013
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the heat erasing 11-point second-half deficit to knock out the chicago bulls in game five. the heat again in the eastern conference finals. they await the winner of the pacers and knicks. the pacers could close that thing up at the garden tonight. >> so it could be the pacers versus memphis? >> potentially, yes. >> that's what you're hoping for. >>> turning to college basketball, rutgers university has announced julie herman as its new athletic director. herman replaces the former a.d. who resigned after a video came out of the school's former men's basketball coach mike rice. >> ow. >> caught on camera hurling basketballs at players and using in a couple cases gay slurs during practice. hermann would be rutgers' first female a.d. she comes from louisville where she served as their athletic director's top deputy. she's got more than 30 years in college athletics but no prior experience as the head of a school's athletic program. >> mike, are there a lot of top program -- >> five. she becomes the fifth in d-1 schools. >> good move. move>> g >>> up next, author, columnist, ke
the heat erasing 11-point second-half deficit to knock out the chicago bulls in game five. the heat again in the eastern conference finals. they await the winner of the pacers and knicks. the pacers could close that thing up at the garden tonight. >> so it could be the pacers versus memphis? >> potentially, yes. >> that's what you're hoping for. >>> turning to college basketball, rutgers university has announced julie herman as its new athletic director. herman...
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May 17, 2013
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paying down our deficit. it is kicking the can down the road and frankly, we are out of road. >> you would think that those people would all be pushing to take credit for our incredible deficit reduction celebrating that there would be press conferences. but no, there was nothing. what makes that nothing this week so very ironic is that not only did republicans essentially ignore the cbo report but they chose to spend the time they should have been out celebrating our lowest predicted deficits since 2008 trying once again to repeal obama care. they voted for the 37th time to repeal obama care despite the fact that there is good reason to believe that obama care is to credit for much of the remarkable deficit reduction projected this week by the cbo. the deficit reduction republicans used to hold up as their entire reason for being. because the biggest driver of our long term deficits is rising health care costs and -- get this -- between 2009 and 2011, total health spending grew at the lowest annual pace in t
paying down our deficit. it is kicking the can down the road and frankly, we are out of road. >> you would think that those people would all be pushing to take credit for our incredible deficit reduction celebrating that there would be press conferences. but no, there was nothing. what makes that nothing this week so very ironic is that not only did republicans essentially ignore the cbo report but they chose to spend the time they should have been out celebrating our lowest predicted...
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May 17, 2013
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one, the deficit is an issue. it's not necessarily people want spending cut or revenue increase but being in favor or being made to look like you are in favor of the deficit is a political problem. >> that's why the president didn't take a victory lap on it. >> yeah. if you say the deficit is a problem and needs to be reduced, how would you do it? democrats when they talk about the budget deficit typically talk about let's think about defense spending and talk about revenues. it. >> ist seems like the democrats are chasing the wrong rabbit. i think they ought to talk about a second stimulus to get americans back to work. >> they should. spairnth the president will come up with that. his discussion in baltimore talking about jobs first of all, is the right issue for most americans. it's not any of these scandals. that's not the number 1 thing most americans are thinking about jobs. almost every day the dow or s and p sets a new record? >> almost every day. yesterday was a little bit of a pull back but only a little
one, the deficit is an issue. it's not necessarily people want spending cut or revenue increase but being in favor or being made to look like you are in favor of the deficit is a political problem. >> that's why the president didn't take a victory lap on it. >> yeah. if you say the deficit is a problem and needs to be reduced, how would you do it? democrats when they talk about the budget deficit typically talk about let's think about defense spending and talk about revenues. it....
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as an example, the congressional budget office announced today that this year's budget deficit will be $200 billion less than predicted in february, and half what it was the president's first year in office. that means he's effectively delivered on his promise to cut the deficit in half as a percentage of the economy, and yet no one is listening. you've got to believe the president's got to deal with this. so benghazi document dump today. action on the irs. we'll see what happens on the justice department subpoena of ap phone records. at this point the white house is defending that much more strongly it is the actions taken by the irs. bret? >> bret: okay. wendall, thank you. probably under a minute to the president, and likely treasury secretary jack lew. back with the panel, judge napolitano, we welcome a.b. studdard, associate editor of the hill, and charles krauthammer with us through the statement. quickly, a.b., before the president gets here, the siege mentality that may be overtaking, as wendall describes it, at white house. >> yeah. i think even the president's supporters were
as an example, the congressional budget office announced today that this year's budget deficit will be $200 billion less than predicted in february, and half what it was the president's first year in office. that means he's effectively delivered on his promise to cut the deficit in half as a percentage of the economy, and yet no one is listening. you've got to believe the president's got to deal with this. so benghazi document dump today. action on the irs. we'll see what happens on the justice...
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May 19, 2013
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and the amazing shrinking american budget deficit. i'll ask mitt romney's chief economic adviser whether he thinks the problem has gone away. >>> also, as america prepares to draw down from afghanistan, what can it learn from britain's withdrawal 170 years ago? i'll ask theauthor of a great new book. >>> next, a look into the crystal ball of technology with google's executive chairman eric schmit. a sure fire plan to reduce carbon dioxide emissions. how so? stay tuned. >>> first, here is my take. conservatives are, of course, mad at barack obama. we'll talk about the various scandals in a moment, but they're also mad at a country that isn't mad enough at him. this frustration is now taking over main stream and intelligent voices within the conservative movement and about broader issues than benghazi. brett stevens, the columnist for "wall street journal" lementes that president obama is not paying a price for a foreign policy that he, stevens, describes as isolationist. now, isolationism will come as a surprise to the diplomat soldier
and the amazing shrinking american budget deficit. i'll ask mitt romney's chief economic adviser whether he thinks the problem has gone away. >>> also, as america prepares to draw down from afghanistan, what can it learn from britain's withdrawal 170 years ago? i'll ask theauthor of a great new book. >>> next, a look into the crystal ball of technology with google's executive chairman eric schmit. a sure fire plan to reduce carbon dioxide emissions. how so? stay tuned....
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that is the deficit problem. without entitlement reform there is no amount of growth that will fix it. melissa: christian, isn't this all noise and nonsense until we fix that problem? >> well, not exactly because, you know, when you have an economy that's suffering from high unemployment andd3 stagnating wages you're not at your full productive capacity. once you reach that level as we've seen in the last few months, once you increase revenues whether it comes from tax increases or improved economic conditions, you drastically and very quickly lower your debt position and your deficit position. that should be the first order of business. that is really what we do first before we figure out what is our true remaining structural long-term deficit. melissa: okay, but doug, you're a numbers guy. let's do thisatively, rather than with our emotions. can the economy quantitatively grow enough to deal with paying for our promises for the entitlements and the system that we have laid out? >> no. at the heart of this are p
that is the deficit problem. without entitlement reform there is no amount of growth that will fix it. melissa: christian, isn't this all noise and nonsense until we fix that problem? >> well, not exactly because, you know, when you have an economy that's suffering from high unemployment andd3 stagnating wages you're not at your full productive capacity. once you reach that level as we've seen in the last few months, once you increase revenues whether it comes from tax increases or...
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May 20, 2013
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. >> we continue to see reports on the deficit actually getting worse. you know, there was some conflicting reports that actually things looked like they were better. last december you said, and i'm going to quote, hold your nose, end quote. raise taxes on the two top income brackets in return for tax reform and entitlement reforps. we still don't have agreement for any reforms. are you still willing to hold your nose? >> we've already given the tax increase. i mean, that's tone. i wish that the republicans and the congress had said the only way you're going to get your tax increase, mr. president, is if we get these entitlement reforms. but our guys weren't willing to say they would vote for tax increases even in return. so that's behind us. but we still need tax reform in the united states. we can cut rates and increase revenue by doing it right. it'll also be good for the economy. we need the economic growth. finally, entitlement reform, 60% of the budget is entitlements. i mean, you can't get control of spending in the united states without getting c
. >> we continue to see reports on the deficit actually getting worse. you know, there was some conflicting reports that actually things looked like they were better. last december you said, and i'm going to quote, hold your nose, end quote. raise taxes on the two top income brackets in return for tax reform and entitlement reforps. we still don't have agreement for any reforms. are you still willing to hold your nose? >> we've already given the tax increase. i mean, that's tone. i...
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May 15, 2013
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there is no real evidence they want to reduce the deficit. they continue to preach austerity even though it's hurt our economic growth. contemporary politics around the world show that. so the budget deficit's come down partly because we have cut a lot of spending. in some cases as you look around now, far too much spending in some cases but the main reason is economic growth. and our view all along has been if you focus on jobs the deficit comes down. look at what happened in the 1990s, 21 million private sector job net increase. we had the biggest budget surplus in american history. those are not coincidental. those are related. more people working. more people paying taxes. fewer people on food stamps or unemployment benefits. >> meanwhile, republicans continue to preach and act as if the number 1 problem facing this country is the size of the debt and the size of the deficit. right? >> spending. >> spending. >> and, you know, it's really what they really mean is cutting any social programs or cutting programs to help the poor and the midd
there is no real evidence they want to reduce the deficit. they continue to preach austerity even though it's hurt our economic growth. contemporary politics around the world show that. so the budget deficit's come down partly because we have cut a lot of spending. in some cases as you look around now, far too much spending in some cases but the main reason is economic growth. and our view all along has been if you focus on jobs the deficit comes down. look at what happened in the 1990s, 21...
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May 14, 2013
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we seemed that we were getting and budget deficits, oh, my god everyone can relax, get the economy go. then we have that wet blanket all over. depending how deep and ugly it -ets it will abfe affect the consumer. making a decision. and it could have a negative effect. neil: malia, i think every time you have a potential of a scandal. economic backdrop has a lot to say whether the scandals do that president in. i think. bill clinton of saved in large part becauseethe economy everything doing so well. this predent mig be saved. by comparison it is doing bter than it was. richard nixon was not so fortunate. >> i think you bring up a good point with looking at nixon and lousy economy. that probabl had a lot to do with the lousy economy. i don't think that scandal in washington affects our markets that much, if it did, i am sure we would not be as well off as we are, scandals in washington have been happening since washington, it is important we remember that what creates strong economies are jobs and government working with citizens to build its economy. >> what if people question that go
we seemed that we were getting and budget deficits, oh, my god everyone can relax, get the economy go. then we have that wet blanket all over. depending how deep and ugly it -ets it will abfe affect the consumer. making a decision. and it could have a negative effect. neil: malia, i think every time you have a potential of a scandal. economic backdrop has a lot to say whether the scandals do that president in. i think. bill clinton of saved in large part becauseethe economy everything doing so...
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May 16, 2013
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neil: deficits are tumbling the revenues are coming in. >> then the next thing you know the wags, you know --. neil: we don't have to cut. we don't have to cut. >> cbo says problem solved. this is what some blogger on "the washington post" said today believe the cbo forecast i have some swampland in florida. they suggest 40 years no recession or no economic dislocation we will create seven times more jobs in the next decade than we did over the next decade with wage and salary growth two times what has been. >> that $642 billion it is a lot less than it was in well under $1 trillion and we can remember a time when deficits were approaching $100 billion now we celebrate 642 billion but whatever that is. >> of course, $50 billion is a pavement a tax gimmick from fannie mae. where do they get the 60 million? they borrow it. neil: a lot of it is a tax increase. that part is there temporarily because with the fiscal cliff came at the end of the year there was a huge pre-emptive realization and bonuses were paid and 100 billion as one time revenue. neil: so you say with a focus on the lates
neil: deficits are tumbling the revenues are coming in. >> then the next thing you know the wags, you know --. neil: we don't have to cut. we don't have to cut. >> cbo says problem solved. this is what some blogger on "the washington post" said today believe the cbo forecast i have some swampland in florida. they suggest 40 years no recession or no economic dislocation we will create seven times more jobs in the next decade than we did over the next decade with wage and...
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May 14, 2013
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there was actually good news on the deficit today. the deficit down a little bit. it lengthens the period of time where they have to worry about the debt ceiling again. the good news is getting overwhelmed. you talk about that midterm election, what are those about? base, right? base politics. now they see a government, administration, yes, the white house will say it was the irs and independent agency, but the federal government targeting the tea party. who is that going to mobilize? the conservative base. we'll have more fights over the tea party. you have the justice department and attorney general who the republicans have long been at war now in hot water. it's early. this could all change by the time we get around to next year. but take an early look, you have an engaged republican look, and beginning evidence of some democrat drift now, the question is, does it become demoralized. if you get that combination, that's what we had in 2006. when democrats had a very good year, that set them up for 2008. >> the investigation starts u don't know where it will wind
there was actually good news on the deficit today. the deficit down a little bit. it lengthens the period of time where they have to worry about the debt ceiling again. the good news is getting overwhelmed. you talk about that midterm election, what are those about? base, right? base politics. now they see a government, administration, yes, the white house will say it was the irs and independent agency, but the federal government targeting the tea party. who is that going to mobilize? the...
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May 19, 2013
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potentially with two large air masses colliding hot and cold and that is continues that are ripe for deficiters. if you are in the area near wichita, seek shelter right now. we will continue to follow what is happening. >>heather: we we will check back with janice on that deciding where on go to college is tough especially as parents and young people try to find the best value for their money. a new measure in congress aims to ease the burden by demanding colleges prove their worth. it would require schools receiving federal funding give respective students' information such as graduation rates, loan obligations, employment outcomes. brenda is a fox news senior business correspondent and anchor of "bulls and bears." this is a bipartisan effort. what is the idea behind this bill? >> smart shopping. say you go to buy a car you want to kick the tires, check the data on miles per gallon and resale. say you spend $20,000 on a car you spend more than $100,000 on your child's college education and you do not have the data necessary to make that kind of decision, to know or do a cost-benefit analysis.
potentially with two large air masses colliding hot and cold and that is continues that are ripe for deficiters. if you are in the area near wichita, seek shelter right now. we will continue to follow what is happening. >>heather: we we will check back with janice on that deciding where on go to college is tough especially as parents and young people try to find the best value for their money. a new measure in congress aims to ease the burden by demanding colleges prove their worth. it...
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. >> the deficit is going to be $642 billion for this year. >>brian: way too high. >> but a lot less than we thought it was going to be. i guess you could call that good news. that's part of the reason why the stock market keeps going up and up. but it's still way too high and it's still the fifth-largest deficit in the history of the united states. >>brian: i hope we still feel the urgency to get our budget in order. and i always feel the urgency to put you on, staoufrbtd. -- put you on stuart varney. stuart varney varney 9:20 another network. don't ever square off with me. give me that shoulder. straight ahead, victoria's secret is slamming a former angel for giving the ugly side of the industry. this morning she's here to defend herself. >> disgraced congressman anthony weiner about to put the final piece of the puzzle on the comeback. is that true? [ male announcer ] dunes, desert, or trail, only rzr delivers. now's the time to buy during the polaris xp sales event. take your pick of our new limited edition rzrs and get financing as low as
. >> the deficit is going to be $642 billion for this year. >>brian: way too high. >> but a lot less than we thought it was going to be. i guess you could call that good news. that's part of the reason why the stock market keeps going up and up. but it's still way too high and it's still the fifth-largest deficit in the history of the united states. >>brian: i hope we still feel the urgency to get our budget in order. and i always feel the urgency to put you on,...
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May 16, 2013
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the smallest deficit sense 2008 which is five years ago. the deficit had been topping $1 trillion every year cynic the recession ended four years ago. they credit the economic recovery, new tax rules and spending cuts with shrinking the deficit. we'll be right back. >>> welcome back to "hardball." may seem hard to believe that you're not experiencing deja vu here, but it happened again now, a military serviceman whose job it is to protect against sexual assault has excused himself of sexual assault. latest case involves a ft. hood sergeant. you won't believe this, i couldn't believe it, into prostitution and for sexually assaulting this guy did apparently charged with two others. the army's not releasing his identity as he has not been charged officially, but get a load of his job title, sexual harassment response and coordinator. that's right, the guy you're supposed to go to for help is accused of sexually assaulting someone. this comes just one week after the man in charge of sexual assault from the entire air force was charged with sexu
the smallest deficit sense 2008 which is five years ago. the deficit had been topping $1 trillion every year cynic the recession ended four years ago. they credit the economic recovery, new tax rules and spending cuts with shrinking the deficit. we'll be right back. >>> welcome back to "hardball." may seem hard to believe that you're not experiencing deja vu here, but it happened again now, a military serviceman whose job it is to protect against sexual assault has excused...
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May 14, 2013
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laughter] he has numbers that says instead of what you say in your report it would reduce the overall deficit by 2.5 trillion dollars it could not be moreof a swing? >> i spent six months preparing thi report 80 pages long in the appendix describes the methodology over 30 pages so everybody could look in a my analysis and mr. egan does nohave a steady but basically a press release about a study he might do he has provided about a page and a half of the information. >> i was taught brevity is the soul of wind and i tried to right things as long as they need to be. we lookt the differerence between the typical immigration scenario and reported in the paper the facts on labor statistics frommmigrants and higher than native-bo and out of the research lititerature and that is arithmetic. >> that is a complicated at all. >> what is the correlation between high school college degree is it petraeus agrees and employment levels? is there one. >> no question as your education goes up the unemployment rate goesown andkills are at a premium in the global economy. lou: 11 milon immigrants more than half d
laughter] he has numbers that says instead of what you say in your report it would reduce the overall deficit by 2.5 trillion dollars it could not be moreof a swing? >> i spent six months preparing thi report 80 pages long in the appendix describes the methodology over 30 pages so everybody could look in a my analysis and mr. egan does nohave a steady but basically a press release about a study he might do he has provided about a page and a half of the information. >> i was taught...
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May 13, 2013
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we have seen the likes of france, spain being given more time to reach their deficits. yes, the pressure to see the fiscal consolidation continues. the pressure for structural reforms, that's not going to change. they're needed to boost growth. the likes of france in particular, talks here, the need to push forward with structural reforms, open question. >> all right. julia, plenty more to come. thanks for that. >>> meanwhile, the prime minister isn't willing to keep his government going at any cost. he had a meeting in tuscany. the tensions with the coalition are up. sill view yeah berlusconi, they were accusing of trying to eliminate him politically. they're outlining the government's agenda here on cnbc and explaining the steps they're taking to try to boost the economy and reduce the deficit. >> it is going to be redesigned in such a way not to increase the deficit and to stay within those limits. as i said, thanks to the kind of policies that were followed in the last few years, we have already gained some room of maneuver within the 3% margin. we are not above or
we have seen the likes of france, spain being given more time to reach their deficits. yes, the pressure to see the fiscal consolidation continues. the pressure for structural reforms, that's not going to change. they're needed to boost growth. the likes of france in particular, talks here, the need to push forward with structural reforms, open question. >> all right. julia, plenty more to come. thanks for that. >>> meanwhile, the prime minister isn't willing to keep his...
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austerity cut the public role, that does nothing except hurt the deficit. if you want to reduce the deficit, the best thing you can do is invest in education. the education of american people brings more money to the treasury than anything you name, whether it's early childhood k-12, higher ed, lifetime learning, and to cut education is to increase the deficit. so thank you for posing that question. >> congresswoman, really great pleasure to have you here. thank you so much. >> thank you very much. my pleasure, good luck to you and congratulations. >> thanks again to democratic house leader nancy pelosi for joining me earlier today. that's all in for this evening the rachel maddow show starts now.
austerity cut the public role, that does nothing except hurt the deficit. if you want to reduce the deficit, the best thing you can do is invest in education. the education of american people brings more money to the treasury than anything you name, whether it's early childhood k-12, higher ed, lifetime learning, and to cut education is to increase the deficit. so thank you for posing that question. >> congresswoman, really great pleasure to have you here. thank you so much. >>...
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bruins first game to come back from a three goal deficit and they did it in spectacular fashion. toronto had a lead and with more than a minute to go there was this in regulation. >> one-timer, save rebounder. he scores! and 53 seconds to go. bertrand gets it! >> six minutes into overtime. the deal is sealed. celebrations in the streets of boston. stunned silence in toronto. bruins face the rangers in round two and boston has had a rough month. >> jenna: look at that. tell everybody how awesome the boston bruins are. >> jon: beloved producer is prosecute boston that is why you get these stories, okay? >> jenna: it was well deserved. >> jon: thanks for joining us. >> jenna: america live starts right now. >> megyn: fox news alert. what a busy afternoon we have for you. the convergence of three political controversies now strange the credibility of our very government. welcome, i'm megyn kelly. a look at the white house where jay carney is expected to brief reporters at any moment. if you didn't see friday afternoon his last briefing. you may be in for a shoshg when you see a differ
bruins first game to come back from a three goal deficit and they did it in spectacular fashion. toronto had a lead and with more than a minute to go there was this in regulation. >> one-timer, save rebounder. he scores! and 53 seconds to go. bertrand gets it! >> six minutes into overtime. the deal is sealed. celebrations in the streets of boston. stunned silence in toronto. bruins face the rangers in round two and boston has had a rough month. >> jenna: look at that. tell...
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May 16, 2013
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the deficit, the projection that it is more than expected. that pushes a fight on the debt ceiling. they feel like if they get accomplishments the scandals will fade. >> all right, dana bash, gloria borger, let me know what you think, follow me on anderson cooper. coming up, boston strong, a month later, we're here on the one-month anniversary of the bombings. the manhunt for the suspects and what really happened that night in the shootout in watertown. you're actually looking at live images here on boylston street. feel better, a lot of people feel the city is moving forward and is strong. >>> also, new information on ariel castro's house. we're getting more information from law enforcement about what allegedly went on inside the house. lot of money on their car insurance by switching to geico...they may even make you their best man. may i have the rings please? ah, helzberg diamonds. nice choice, mate. ...and now in the presence of these guests we join this loving couple. oh dear... geico. 15 minutes could save you 15% or more on car insurance. ♪ fly me to the moon ♪ let me pl
the deficit, the projection that it is more than expected. that pushes a fight on the debt ceiling. they feel like if they get accomplishments the scandals will fade. >> all right, dana bash, gloria borger, let me know what you think, follow me on anderson cooper. coming up, boston strong, a month later, we're here on the one-month anniversary of the bombings. the manhunt for the suspects and what really happened that night in the shootout in watertown. you're actually looking at live...
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May 16, 2013
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the board of education approved the deficit elimination plan, and really, chris, i want to thank you and other folks who brought attention to this. it was putting a great big light on this problem that, i think, caused the reverse, of course. and the good news is these kids will be able to finish their school year, and i'm just really happy about that. >> what have we learned about michigan governor rick snyder in this, the fact he seemed willing, the state government seemed willing, to let these kids not be in school and not turn over any money and not find some way initially for a bridge loan or something. what does that say to you about the governor? >> first of all, i want to thank them for doing the right thing, even though it took some time. i'm not really anxious to point fingers. i think what it does show is we have huge inequities in this country and in michigan and lots of other places, and we need to correct those inequities. for every buena vista that had to close, there are hundreds of schools that are functioning barely at the sustainable level and getting marginal educ
the board of education approved the deficit elimination plan, and really, chris, i want to thank you and other folks who brought attention to this. it was putting a great big light on this problem that, i think, caused the reverse, of course. and the good news is these kids will be able to finish their school year, and i'm just really happy about that. >> what have we learned about michigan governor rick snyder in this, the fact he seemed willing, the state government seemed willing, to...
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May 15, 2013
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the deficit is getting smaller. a lot smaller. the congressional budget office says it will be $400 million less than the trillion dollars deficit last year. it's down because of higher taxes. a 60 billion check to the government from fannie and freddie. there's a down side for those of us who want the government to get its finances in order, this takes the wind out of the sails of the spending, cutting movement. maybe the deficit news helped stocks, another record close for the dow, 19th this year and same story for the s&p 500, the 14th he record there this year. we're looking at a flat to slightly lower opening today, but that happened yesterday and we still went up 120 by the close. stay tuned. and suddenly, it seems that president obama's second term agenda is unravelling. and the mainstream media have turned on the administration. big government seriously questioned, my, have times have changed. in just ten days. here is the the all-government, all the time president speaking the at ohio state may the 5th. >> unfortunately,
the deficit is getting smaller. a lot smaller. the congressional budget office says it will be $400 million less than the trillion dollars deficit last year. it's down because of higher taxes. a 60 billion check to the government from fannie and freddie. there's a down side for those of us who want the government to get its finances in order, this takes the wind out of the sails of the spending, cutting movement. maybe the deficit news helped stocks, another record close for the dow, 19th this...
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because the market is going up and the deficit actually went down. >> steve: that's right until for the first time in a long time (you know who else had a surplus? california. >> steve: they still do. from california to texas, and more on that twister out of granbury, texas. this is some of the damage left behind after three big twisters leveled a community built by habitat for humanity. heather nauert standing by with details. >> good morning to you. as we're taking a live look at the pictures, you can see how some homes have been completely devastated, while others seem to not have been touched at all. we are waiting just about 30 minutes from now, officials planning to hold a press conference to update us on the widespread damage outside of dallas. this as we get a better look at the devastation done near there. the violent twisters, one was a mile wide, it completely destroyed houses, hurdling people far from their homes. at least six people are dead and dozens more have been hurt. listen. >> it was loud, very loud, you could just hear things crashing and banging and everything like
because the market is going up and the deficit actually went down. >> steve: that's right until for the first time in a long time (you know who else had a surplus? california. >> steve: they still do. from california to texas, and more on that twister out of granbury, texas. this is some of the damage left behind after three big twisters leveled a community built by habitat for humanity. heather nauert standing by with details. >> good morning to you. as we're taking a live...